Please find below the Morning Report from David Evans, market analyst at BetOnMarkets.com

The FTSE is currently indicating a sharply lower opening, while traders are awaiting the release of the Manufacturing Purchasing index. Analysts are expecting another decline this month, as the economy has been suffering from high energy prices and the squeeze from not being able to pass all the costs to the consumer. Look for the manufacturing sector to be trading in the red this morning.

Gold will be receiving plenty of attention this morning, especially at 14.30GMT when US releases its employment numbers, traders are expecting a seventh straight month of job losses, and if the unemployment rate comes out worse then expected look for gold to jump possibly hitting the 925 dollar mark before the end of the day.

Predicted opens as of 06:00 GMT

FTSE: 5377.9 (-26.6)
CAC: 4367.4 (-24.9)
DAX 6444.2 (-35.8)
DOW: 11369(+1)
S&P 500: 1266.03 (-0.25)
Gold: 910.45 (-3.75)
Oil: 123.28 (-0.84)

Contacts:

Dave Evans: 0208 977 8381/ Dave@regentmarkets.com
Michael Wright: 00 356 21316105 / Michael@regentmarkets.com

BetOnMarkets.com is the worlds leading fixed odds financial trading website. Since inception in 2000 it has processed over 15 million trades on financial indices, UK and US equities, gold and currencies. Over 130,000 clients have the ability to place trades from £1 to £25,000.